12942 Ixora RdNorth MiamiFL33181
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in North Miami at 12942 Ixora Rd, North Miami, FL, 33181 listed at $1,050,000 pairs $3,911/mo rent with a $5,139/mo payment. Total monthly income runs $3,911/mo. Return on cash invested measures 9.59% in year one, and rental yield registers 4.47% at a $1,050,000 basis. Equity gained on principal adds $6,775/yr, and annual property appreciation at 5% supports $290,096 by year five. Five-year ROI tracks 48.01% and total cumulative return in cash totals $163,313. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,911/mo property income relative to a $5,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
10,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33181, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,248 (100%) |
| Owner Occupied HU | 3,662 (35.7%) |
| Renter Occupied HU | 5,585 (54.5%) |
| Vacant Housing Units | 1,001 ( 9.8%) |
| Median Home Value | $566,099 |
| Average Home Value | $739,800 |
Housing Distribution
Address Breakdown
Residential
10,082
Single Family
2,747
Multi-Family
7,335
Businesses
1,260
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Listed by: Jeffrey Koebel • Montgomery & Koebel, Inc.
Mls Name: MIAMI
Mls ID: #A11842905